Yup, Obama has proposed a possible $12,000 credit to improve energy efficiency in your home. That will include appliances like stoves, air conditioners and refridgerators.

Hey, even if your home is already efficient, but you want or need new appliances, get in line because the $12 grand is yours for the taking!

When I buy my house...before April so I can get the $8,000 first time home buyers credit even though I dont need it....I might just buy all new appliances even if I don't need it cause there is $12 grand MORE for me to take....even though I don't need it.

This gov't is so generous! I'm gonna get $20 grand for buying stuff I'd buy anyway!

Thank you president Obama!

"If the bill passes, and you have major appliances that are going to need to be replaced in a few years, you may as well take advantage of half off.

Right now I do have 9-year old air conditioning units, and if Obama obliges I will likely replace them for half-off. All this will do is shift demand forward. Without government handing out free money I would wait until they break rather than speculating on when they might.

Yet, if the plan passes and I can get something I need for half-off I will do it and I recommend you do too (provided you needed the work done in the first place). By the way, note the incentive that consumers and businesses have to not do anything until government hands out more free money to act."

I'm speechless pal. This is what happens when you elect people to office, who have zero real life experience, are millionaires who don't understand the life of the common man, or who are solely interested in the ideology they hold true. Oh, and I'm not talking about only Obama here. I'm talking about the greater political landscape in this country. Who in politics really gets it anymore? I'm almost fed up with it all.

I'm speechless pal. This is what happens when you elect people to office, who have zero real life experience, are millionaires who don't understand the life of the common man, or who are solely interested in the ideology they hold true. Oh, and I'm not talking about only Obama here. I'm talking about the greater political landscape in this country. Who in politics really gets it anymore? I'm almost fed up with it all.

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You & I are of one opinion here RW. And to think that some will comment later in support of such waste.

You & I are of one opinion here RW. And to think that some will comment later in support of such waste.

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No shet. Someone will come in here and talk about how we'll save energy, and we'll sprout new business, etc. etc. etc. Meanwhile, the minority will ask the most important question, and that's "who's going to pay for all this?".

No shet. Someone will come in here and talk about how we'll save energy, and we'll sprout new business, etc. etc. etc. Meanwhile, the minority will ask the most important question, and that's "who's going to pay for all this?".

The administration didn't provide immediate details, but said it would work with Congress on crafting legislation. Steve Nadel, director at the American Council for an Energy-Efficient Economy, who's advising on the bill, said a homeowner could receive up to $12,000 in rebates.

According to Steve Nadel, the director of the American Council for an Energy-Efficient Economy, the program will help private contractors get back to work or add work. They will be given an opportunity to conduct home energy audits, purchase the needed products, and install them. An audit examines the home’s construction, heating system, insulation, showerheads, lightbulbs, and how well the doors are sealed. The goal of the audit is to make recommendations about the changes that have the biggest impact on the household’s utility bills. Nadel added that expensive items such as air conditioners, heating systems, washing machines, refrigerators, and insulation would likely be covered by the program.

Consumers that take full advantage of this program might be eligible for 50 percent rebate on the price of the equipment and installation—up to $12,000 may be paid for each home, which means that a household that spends $24,000 on upgrades can get half of it back. They can also expect their energy bills to drop to as much as 20 percent.

Not sure how insulation and appliances add up to 12K... in the past the incentives have usually been in the form of tax credits... unless there is a drastic change... doing it this way invites all kinds of abuse.

"NEW YORK (CNNMoney.com) -- President Obama proposed a new program Tuesday that would reimburse homeowners for energy-efficient appliances and insulation, part of a broader plan to stimulate the economy.

The administration didn't provide immediate details, but said it would work with Congress on crafting legislation. Steve Nadel, director at the American Council for an Energy-Efficient Economy, who's advising on the bill, said a homeowner could receive up to $12,000 in rebates"

Cannot find the 12,000 figure anywhere's except on right wing hysterical boards... the most I can find is something between 1-3, 000 tax credit... the 12Kfigure makes no sense.

If you own a home here is how the current program works, last year we got new windows all around... the bill was for $6500... what that means is we now qualify for a 30% tax credit of the total bill, to a maximum of $1500.. that is a hell of an incentive, as it is a tax credit... we would not have replaced the windows without the credit... we benefit, the window Manufacturer benefits, the company and the installers all benefit... and we save energy... it is a win win situation.

The insulation proposal uses money already allocated from money already appropriated, from the "Economic Recovery Act"...this is one of the "main street efforts"....

You are not going to get new appliances, you can get a rebate from your local energy company for buying energy efficient appliances.. not sure if you do not trade one in if you are qualified, but if you check the prices at Home Depot etc. the prices are as low as have ever seen...

And you should delete your previous post... talk about Knee jerk reaction.

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Duh....Darryl....I DID take my original comments back when I wrote.

"Ok....good for you Darryl! I respect when people can admit they were wrong. I take my comments back above back."

I don't think you understand....I didn't have any knee jerk reaction as I knew you were wrong. You DID have a knee jerk reaction because you defended Obama's proposal and dismissed a solid source as something unreliable.